The SEC would join the Big Ten and Pac-12 with dedicated cable channels. That would be a huge windfall for an already ultra-rich conference. The network will surely bring in tens of millions in revenue.

The network would most likely partner with an established broadcast entity such as ESPN. The Big Ten Network is 49 percent owned by the Big Ten and 51 percent owned by Fox, Yahoo! Sports reports.

Also, the SEC is negotiating its media rights deal with the addition of Missouri and Texas A&M to the conference last year.